IPO

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T
Business

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
Saudi Aramco starts trading after record $25.6 billion IPO
Economy

Saudi Aramco starts trading after record $25.6 billion IPO

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco is listed and started trading on the Saudi Tadawul stock…
Saudi prince’s ambitions hinge on triumphant Aramco sale
Middle East

Saudi prince’s ambitions hinge on triumphant Aramco sale

RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in…
‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO
Middle East

‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO

RIYADH (Reuters) – From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online…
Saudi Arabia formally starts IPO of oil firm Saudi Aramco
Middle East

Saudi Arabia formally starts IPO of oil firm Saudi Aramco

DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant…
Govt launches its first public offering in Egyptian Stock Exchange
Business

Govt launches its first public offering in Egyptian Stock Exchange

Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Egypt to launch LE1 billion education endowment
Egypt

Egypt to launch LE1 billion education endowment

  The Egyptian government is seeking to establish an endowment fund for the development of education, with a capital of…
Saudi Arabia says it ‘remains committed’ to Aramco IPO
Middle East

Saudi Arabia says it ‘remains committed’ to Aramco IPO

DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Thursday it “remains committed” to an initial public offering of…
Govt’s public offering not limited to offered companies only: Finance Minister
Business

Govt’s public offering not limited to offered companies only: Finance Minister

Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
Saudi Arabia converts Aramco into joint-stock company ahead of historic IPO
Middle East

Saudi Arabia converts Aramco into joint-stock company ahead of historic IPO

Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of Jan. 1,…
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